<h1>Currency movement: rupee strengthened against the dollar on weaker greenback and positive domestic data, easing inflation and equity gains.</h1> Rupee appreciation against the US dollar was driven by a softer greenback, gains in domestic equities and easing consumer and wholesale inflation, while rising crude oil prices and FII outflows capped larger gains; analysts also identified likely technical spot-rate bands and noted that cooler inflation creates room for potential near-term monetary easing.